Prepare all required journal entries for Page Ltd$.,$ the investor, to record the above transactions. $($List all debit entries before credit

entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select

$"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem. Round answers

to $0$ decimal places, e$.$g$.5,125.)$

$($b$)$

Your answer is correct.

How would the journal entries for Page Ltd$.$ change if it purchased the investment for trading purposes? $($List all debit entries before

credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Mar. $1$

Sect $1$

Debit

Credit

$]$

eTextbook and Media

List of Accounts

$($c$)$

Your answer is incorrect.

What amount will Page receive at maturity?